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Jan 18, 2013
01/13
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the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between no
the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three...
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Jan 18, 2013
01/13
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CSPAN2
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on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to support her education initiatives, my budget will propose that we increase income tax by one percentage point, 6.25% to make that increase fair to all according to their ability to pay will propose that we double the personal exemptions for every taxpayer and eliminate a number of itemized deductions. making those changes gives us a tax code that is sent. fair. let me add that these changes are sales income and business tax will be comparable to an competitive with other states in the region and beyond with which we compete. this is what i will prop
on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to...
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Jan 15, 2013
01/13
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FBC
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and mean, this is a tax on both sides of the aisle, and sometimes there is real racism than these to be pointed out. >> that is like crying wolf when it is not there just first the whole cause. when susan rice did not good to be secretary of state democrats said that is racism, because she is black. >> and the woman question we have up black boy named tracy was secretary of state and other republicans. >> as we did. yes we did. >> you pointed out something that he was too polite to say. he said during the campaign committee has every right to put those examples on because when that happened many people took exception to it. it was more than a dog whistle comments were anyone knew what to deny that happened is to make his case for him. lou: so if you argue as to menu just proved the case for him, and therefore all the damfool would argue about an objective standard of truth to what the value or racists confirms. that's pretty complicated and we that's pretty complicated and we thank you for sharin this is $100,000. that's pretty complicated and we thank you for sharin we asked total s
and mean, this is a tax on both sides of the aisle, and sometimes there is real racism than these to be pointed out. >> that is like crying wolf when it is not there just first the whole cause. when susan rice did not good to be secretary of state democrats said that is racism, because she is black. >> and the woman question we have up black boy named tracy was secretary of state and other republicans. >> as we did. yes we did. >> you pointed out something that he was...
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Jan 18, 2013
01/13
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CSPAN2
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on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other purpose. to support our education initiative, my budget will propose that we increase the income tax by 1 percentage point to 6 % 25% to make that increase fair to all according to their ability to pay. i will propose that we double the personal exemptions for every taxpayer, and eliminate a number of itemized dedeductions. making those changes gives us a tax code that is simpler and fairer. let me add that with these changes are sales, income, and business taxes will be comparable to and other states in the region beyond with which we compete. th
on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other...
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Jan 21, 2013
01/13
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CNNW
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tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. officemax can help you drive suand down.s down... use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. >>> the parade has begun. it is moving down pennsylvania avenue. there are marching bands. there are a lot of floats. there's a lot of people who are celebrating this day. an important day in american history. the inauguration of president obama for the second time. kate bolduan is watching what's going on, jeffrey toobin with me as well. once they get to the reviewing stand, they will be saluting all of these participants, and there are a lot of them, who have come to washington from all over the country. >>cy actually read there were twice as m
tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. officemax can help you drive suand down.s down... use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of...
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Jan 22, 2013
01/13
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CSPAN2
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the president got his taxes. with revenue off the table, the debate shifts to where it needs to be and should have been in the first place, and that is addressing spending reductions. just last week, fitch ratings warned that america's aaa credit rating is at risk if the congress and the president increase the debt limit but fail to enact a credible medium-term deficit reduction plan. and we can expect to see more headlines like this if we do not come together and we do not take action to deal with our country's debt obligations. in the coming days and weeks, i will be speaking in this chamber and outlining what i believe are rational steps that we need to take to get our fiscal house in order. the easy thing to do, the way congress has operated over these past two years of my service here, is to look at my fiscal situation and say well, we have more time or we can deal with this after the next election. and while i thought that was exactly the wrong tactic to take, that's what happened and there was a series of
the president got his taxes. with revenue off the table, the debate shifts to where it needs to be and should have been in the first place, and that is addressing spending reductions. just last week, fitch ratings warned that america's aaa credit rating is at risk if the congress and the president increase the debt limit but fail to enact a credible medium-term deficit reduction plan. and we can expect to see more headlines like this if we do not come together and we do not take action to deal...
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Jan 17, 2013
01/13
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CSPAN
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, to collect tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentlemen here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not to stem the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and jobs. growth is a very conducive factor. turning to china, i would certainly observe that there is continued significant and substantial growth expected out of china. i would observe there has been a rebalancing would then the china -- within the china economy with a focused on consumption rather than exports. i would observe that the currency of china has adjusted. my hope is that these trends we have observed continue into 2013 s and the new chinese leadership. >> thank you. >> how do you see the impact of what is happening in the arab countries on the economy is
, to collect tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentlemen here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not to stem the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and...
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Jan 23, 2013
01/13
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WBFF
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everyone three percent sales tax tacked pn at te wholesale level. senate presideet miie miller...says that idea...would raise...an extra 300-million dollars a year.but he admits....hat alone...would noo ully fund...highway projects...llke... the proposed red line through baltimore. o miller also... wants to ive urbbn and suburbaa subdivisions the authoriiy to raise hhii own revenuee ffr example...officials in baatimoreecityy..and anne arundde ann baltimore counties... coulldraiseetheir property axes....nd ussethe proceedsto fund mass transit. (miller) "anddtte only way we can do it is if those arras lawmakers...still object to a - higher tax gas.but they find...intriguing...the idee that suburban residentt pick up theecost...to exxand... mass transit. (pipkin) "not parylaan, southerr maayllnd -3 and eastern shore to suppoott mass transit projects they're never going o use."(rydell) "as of now, governor o'malley has no pllns to iitroduce ann propossls that would ooss ttansprotatiin funding wither &pthroughha sales tax or gas a rydell, fox45 news at :
everyone three percent sales tax tacked pn at te wholesale level. senate presideet miie miller...says that idea...would raise...an extra 300-million dollars a year.but he admits....hat alone...would noo ully fund...highway projects...llke... the proposed red line through baltimore. o miller also... wants to ive urbbn and suburbaa subdivisions the authoriiy to raise hhii own revenuee ffr example...officials in baatimoreecityy..and anne arundde ann baltimore counties... coulldraiseetheir property...
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Jan 15, 2013
01/13
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FOXNEWSW
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to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes are collected. >> the purchase is accepted opening this possible loophole. advise half a million gallons of jet fuel every day at o'hare airports. most of the fuel transactions are negotiated through united chicago headquarters. it alleges an airline subsidiary opened a small office in sick more. we have video provided by the rta. you get a tax kickback from the town saves a few hundred million. the only reason the fuels had the office in sick more is to create a sham packed for fuel rather than lower tax jurisdiction. in a statement united airlines says it h
to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes...
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Jan 16, 2013
01/13
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CURRENT
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we pay taxes and don't get a vote for it. we don't get anything for it. didn't we once fight a revolution? >> we should have a revolution. >> conservatives say they think the license plates should say i don't want taxes at all. i think that's interesting because that seems to be the ultimately sort of anti-revolutionary idea. right? >> just pigs. they want everything for nothing. >> that's not the way life works. >> it's nice he puts a license plate on it. it would be nicer if he pushed for statehood for the district. >> right. we were just talking about president clinton and how much money would you spend to spend a day with him? leoe leon ardo decaprio first spent a $100,$000 and they joined forces, a combined $400,000 to spend a day with clinton. no word on what they will be doing. >> havingan restaurants, i think. >> a lawsuit. >> i have to tell you, you it will be a busy day because that man stays on the move. he does four or five a day. >> you have to pay $400,000 but if you are like jessica alba, whoever at the golden globes haul them in a room, cl
we pay taxes and don't get a vote for it. we don't get anything for it. didn't we once fight a revolution? >> we should have a revolution. >> conservatives say they think the license plates should say i don't want taxes at all. i think that's interesting because that seems to be the ultimately sort of anti-revolutionary idea. right? >> just pigs. they want everything for nothing. >> that's not the way life works. >> it's nice he puts a license plate on it. it would...
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Jan 16, 2013
01/13
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because there is a large transfer of wealth in tax dollars from the north down to the south. so why they would want to mess with that arrangement is beyond me. >> professor michael eric dyson and ryan grim whose office enjoys watching our broadcast even as he speaks to us, thanks very much. much more ahead. but first sue herrera has the market wrap. >> good afternoon. here's a look how today wall street finished the trading session. it snapped a winning streak. and the dow finishes the trading session on the downside by about 24 points or so. the standard & poor's fractionally higher by a quarter of a point. and the nasdaq up about seven points on the trading session. that's it from cnbc. we are first in business worldwide. martin is back after a very quick break. ♪ ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get marr
because there is a large transfer of wealth in tax dollars from the north down to the south. so why they would want to mess with that arrangement is beyond me. >> professor michael eric dyson and ryan grim whose office enjoys watching our broadcast even as he speaks to us, thanks very much. much more ahead. but first sue herrera has the market wrap. >> good afternoon. here's a look how today wall street finished the trading session. it snapped a winning streak. and the dow finishes...
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Jan 20, 2013
01/13
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WMAR
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tax law allows us to provide a better tax deduction to their donors. we get cars that have 250,000 miles at auction. that donor gets what we sell the car for. if we get a car in good condition that goes to lower income family our donor deducts fair market value. that's huge. it is twice as much as a car that sells at auction. >> tell me how people can get involved? is there a website to go to? tnyçeasiest way to go through û vehic for change.org. on our website they can to donate your car. there is a form you fill out. it takes a couple of minutes. we ask a lot of questions about the automobile. so we can determine what we can do with the vehicle. does it run? does it have body damage? it is simple. it comes to us. we let the donor know what we can do with the car and what their tax deduction will be. as an easy process. >> what do you see in your future for the company. >> today is exciting. we are going to settlement on a big building we have purchased in baltimore. just in baltimore county. it is 33,000 square feet. our goal is to expand our pro
tax law allows us to provide a better tax deduction to their donors. we get cars that have 250,000 miles at auction. that donor gets what we sell the car for. if we get a car in good condition that goes to lower income family our donor deducts fair market value. that's huge. it is twice as much as a car that sells at auction. >> tell me how people can get involved? is there a website to go to? tnyçeasiest way to go through û vehic for change.org. on our website they can to donate your...
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Jan 16, 2013
01/13
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obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and
obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and
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Jan 16, 2013
01/13
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how to stop talking about legitimate rape and insulting women, science 101, creating tax breaks and tax shelters for millionaire campaign donors and, after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. >>> up next, the house of representatives will be voting tonight on a big aid package for the victims of hurricane sandy. but will republicans go along with it? especially from the south. you're watching "hardball," the place for politics. southern tornado, for example, no one raised the question of spending cuts. but now in the northeast, when the aid was needed there, this issue of fiscal conservatism and trying to trim the budget in one place to help others elsewhere became so heated. so what you've got now is it was a process but they have passed more than $50 billion in aid. it covers a range of things including money for fema to rebuilding transportation and so forth. it has to go back to the senate, b
how to stop talking about legitimate rape and insulting women, science 101, creating tax breaks and tax shelters for millionaire campaign donors and, after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. >>> up next, the house of representatives will be voting tonight on a big aid package for the victims of...
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Jan 18, 2013
01/13
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CSPAN
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type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across the board as far as taxes go. host: thanks for the call. we welcome our listeners and our focus this morning the role of government in solving america's problems. it was something that dwight eisenhower talked about in his fair well address 52 years ago this week. from our twitter page there is this from one of our viewers -- rick is joining us from maryland democrats line. good morning. caller: good morning. i think the government should be a part of our life, because without the government all these millionair
type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across...
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Jan 20, 2013
01/13
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CSPAN
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by april 15, tax day. the democratic one senate has not approved such a resolution in almost four years. this is not the result of washington gridlock. harry reid said it would be foolish for his party and then does the senate to produce a budget. we disagree. with more than $16 trillion in debt, we believe is foolish not to have a budget. in the house, and it will again meet our legal obligations to pass the budget on time. our budget will moderate spending, pay our bills, and keep the government running. it will be planned to slowly but surely, what our nation out of debt, deficit, and declined garrett on your behalf, we will insist the democrats who run the rest of washington to the same. this debate is often argued in numbers and figures but it is really about and families like yours that bear the burden of a slow economy. constant uncertainty and. ever-changing government rules chase our jobs and opportunities overseas. when day to day life costs more and jobs pay less, we do not solve the problem by
by april 15, tax day. the democratic one senate has not approved such a resolution in almost four years. this is not the result of washington gridlock. harry reid said it would be foolish for his party and then does the senate to produce a budget. we disagree. with more than $16 trillion in debt, we believe is foolish not to have a budget. in the house, and it will again meet our legal obligations to pass the budget on time. our budget will moderate spending, pay our bills, and keep the...
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Jan 19, 2013
01/13
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we got no tax cuts. we're kicking the can down the road, and unless these people really start to get serious about this, we are going to be talking about this for the whole next four years and the country is only going to get worse and basically that's it. both parties have either got to come to the table and they have got to make meaningful cuts and get meaningful revenue to get out of this problem. thank you. host: and that will be it as far as calls for this segment. let me tell you what's coming up in the program. you have been watching the white house. this week president obama as part of his proposal on gun violence had a study on violent video games and cheryl olson the author of "grand theft childhood." later john lott will join us. he is the author of "more guns, less crime." he will be on to talk about the president's proposal to reduce gun violence. all throughout the district of columbia we have our c-span photographers out there taking in photos and event it's leading up to the inauguration.
we got no tax cuts. we're kicking the can down the road, and unless these people really start to get serious about this, we are going to be talking about this for the whole next four years and the country is only going to get worse and basically that's it. both parties have either got to come to the table and they have got to make meaningful cuts and get meaningful revenue to get out of this problem. thank you. host: and that will be it as far as calls for this segment. let me tell you what's...
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Jan 21, 2013
01/13
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FOXNEWSW
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they feel they got their taxes hiked. >> i would be surprised if we are talking taxes. >>neil: what are we talking? autumnized deductions. >>neil: they were almost trimmed back, right? >> first, the goal would be to get four plus trillion. it would be great to get 2.5-1, spending cuts to revenues. >>neil: not 40-1. you think the ratio will be more even. >> it will be if you include the first $1.2 trillion part of the budget control act, you will see that is proposal the next that is more 1-1 so you will see around 2-1 i think. >>neil: we could argue over that. >> we argued before. i won that. >>neil: whatever. could i get your sense of where this is going? with the republican mood today trying to postpone the delegate sealing deadline for a few months, they trying to get their ducks in order, they are trying to get the immediate pressure off as much as the country but what do you think the markets which are closed, with do in reaction to the constant kicking the can. >> i am surprised by the buoyancy of the market. the next 45 to 60 days has incredible uncertainty. the
they feel they got their taxes hiked. >> i would be surprised if we are talking taxes. >>neil: what are we talking? autumnized deductions. >>neil: they were almost trimmed back, right? >> first, the goal would be to get four plus trillion. it would be great to get 2.5-1, spending cuts to revenues. >>neil: not 40-1. you think the ratio will be more even. >> it will be if you include the first $1.2 trillion part of the budget control act, you will see that is...
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180
Jan 15, 2013
01/13
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KPIX
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tax refund. guess what you just gave a loan to your uncle sam interest free. so you know what, if you got a big tax refund, you may want to adjust your withholding, it can help your cash flow. and really important, there are tax credits that were extended as part of the fiscal cliff deal. this could help a lot of low to mid income taxpayers defray that increase in payroll taxes. pay attention at tax time. you will find some money. >> good to see you. thank you very much. >> great to be with you. >> still think it's worth getting excited when you get a big tax refund, jill. don't be a buzz kill. >> wait a second. >> don't be a buzz kill. >> when you give interest-free loans -- >> i hear you. >>> we'll hand it over to charlie. >> we want now to show you some performers who are turning the world of modern dance on its side. they do much of their dancing on skyscrapers and cliffs wearing rockclimbing gear. a lesson in their unique art. >> reporter: these are dancers who clearly believe that all the w
tax refund. guess what you just gave a loan to your uncle sam interest free. so you know what, if you got a big tax refund, you may want to adjust your withholding, it can help your cash flow. and really important, there are tax credits that were extended as part of the fiscal cliff deal. this could help a lot of low to mid income taxpayers defray that increase in payroll taxes. pay attention at tax time. you will find some money. >> good to see you. thank you very much. >> great to...
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Jan 19, 2013
01/13
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FOXNEWS
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you've got to go where the money is and looking for him to hit the middle class with more tax hikes in the second term. i think a top priority. >> paul: he's got to find the money somewhere to get to do this. dan, what about the theory or what you're hearing from liberals and cheering it, no more mr. nice guy. the president is going to take on republicans, way too compromising in the the first term, not that i recognize that president, but that's the line that they're taking and so, look,er erhe's going to put them in their place and demonize them and sigma advertise them. >> we are going to see-- they're looking for a look on the radio, the president of the united states like a left wing talk show host. we're in the midst of a revolution and it's a take no prisoners revolution. when he talks about the elderly talking about obamacare and medicare, and talk about not caring whether important enough to eat, that's food stamps, as jason sucked he suggested he's looking for a way to transfer the wealth, not from just from the wealthy, but down to-- >> he's popular, personal approval rating
you've got to go where the money is and looking for him to hit the middle class with more tax hikes in the second term. i think a top priority. >> paul: he's got to find the money somewhere to get to do this. dan, what about the theory or what you're hearing from liberals and cheering it, no more mr. nice guy. the president is going to take on republicans, way too compromising in the the first term, not that i recognize that president, but that's the line that they're taking and so,...
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Jan 21, 2013
01/13
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FOXNEWS
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he's a liberal democrat or a radical democrat, who wants bigger government, higher taxes, more power in washington. redistributionist policies and secular values and that is who he is and i think rather than hoping he'll somehow moderate, we should set our own agenda and we should look where we have leverage. i actually think, mike, that the house republicans were very wise in williamsburg to decide that they were not going to fight over the debt ceiling over the next three months, get na out of the way for 90 days and then focus on the continuing resolution, on the sequester. because they fit exactly what the president said. this is real spending. i mean, under our constitution, nothing can be spent that the house does not pass. and so, the house republicans really have an opportunity to set a whole new standard not trying to figure out what kind of deal obama wants, but deciding what in good conscience they're willing to past. >> mike: in your experience as speaker of the mouse and somebody who as really engineered the republican takeover of the house back in the 1994 elections, sp
he's a liberal democrat or a radical democrat, who wants bigger government, higher taxes, more power in washington. redistributionist policies and secular values and that is who he is and i think rather than hoping he'll somehow moderate, we should set our own agenda and we should look where we have leverage. i actually think, mike, that the house republicans were very wise in williamsburg to decide that they were not going to fight over the debt ceiling over the next three months, get na out...
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Jan 22, 2013
01/13
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KQED
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we're collecting very limited corporate taxes. i think there is a wide consensus we have to reform this tax code. that will have a tremendous impact on how companies think about investing in the u.s. if we can do those two things we would really change the trajectory and sense of optimism in the u.s. economy almost overnight. >> susie: given the intense drama between washington lawmakers and the business community, how do we make these changes come about. >> what's happening in washington is we're just not discussing the things that really matter for the future trajectory of our american economy. we're just not able to reach consensus now to get things done. this, i believe, is our central challenge right now. it's not the opportunity to be successful, it's not the potential of this country, it's really this gridlock that we have in our society right now which is deeply concerning. >> susie: despite the issues that you bring up and despite the obstacles, you're hopeful and optimistic about america's future prospects. so if five, t
we're collecting very limited corporate taxes. i think there is a wide consensus we have to reform this tax code. that will have a tremendous impact on how companies think about investing in the u.s. if we can do those two things we would really change the trajectory and sense of optimism in the u.s. economy almost overnight. >> susie: given the intense drama between washington lawmakers and the business community, how do we make these changes come about. >> what's happening in...
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Jan 22, 2013
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not state taxes, estate taxes, these sorts of things. that the republican party ran into this big problem in 2012 where that message alienated people. >> let me show you what he said in 2005 about social security. now he's talking about how people paid in and it's earned. but he said -- let me quote it. it says -- this is a quote. social security right now is a collectivist system. it's a welfare transfer system. this is paul ryan. so if ryan called it a welfare transfer system, now all of a sudden no we weren't calling them takers. and the president, krystal, stepped right in and attacked that. now, in my opinion that wasn't partisan. it was his vision of america. as lyndon johnson had a vision of the great society. it wasn't anti-republican. it was his vision. john kennedy, the new frontier. i think the president from the way i was taking it was saying i think b this is the vision america needs to go in. but it wasn't for just four years. he said we're not talking four months, four years, or 400 years. >> that's exactly right. and you
not state taxes, estate taxes, these sorts of things. that the republican party ran into this big problem in 2012 where that message alienated people. >> let me show you what he said in 2005 about social security. now he's talking about how people paid in and it's earned. but he said -- let me quote it. it says -- this is a quote. social security right now is a collectivist system. it's a welfare transfer system. this is paul ryan. so if ryan called it a welfare transfer system, now all...
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Jan 17, 2013
01/13
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tax. you are going to learn about it tonight. please welcome roseanne demoro. he is now the dean of university of indiana school of public affairs out with a new book just now, the first i know of that gives suggestions and ideas -- specific public policy ideas he believed both the left and right can agree on. please welcome my friend john gramm. and she has a new assignment, just elected the congressional chair of the black caucus out of ohio. please welcome congresswoman marcia fudge. [applause] jeffrey, i want to start with you, in part because you have come the farthest, i guess you get to go first. i will keep you awake. i want to start, though -- i'm not the one that likes to use a bunch of statistics because they can be hard to follow. because this program right now is being seen live across the nation, i want to make sure that those watching can get a chance to contextualize what happened with the issue of poverty across the nation. these are issues that come from 1989. here's what
tax. you are going to learn about it tonight. please welcome roseanne demoro. he is now the dean of university of indiana school of public affairs out with a new book just now, the first i know of that gives suggestions and ideas -- specific public policy ideas he believed both the left and right can agree on. please welcome my friend john gramm. and she has a new assignment, just elected the congressional chair of the black caucus out of ohio. please welcome congresswoman marcia fudge....
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Jan 23, 2013
01/13
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it will repeal the individual income tax, the corporate income tax, capital gains tax, all payroll taxes, the self-employment tax and the estate and gift tax, in lieu of a 23% tax on the final sale of all goods and services. elimination of these inefficient taxing mechanisms will not only bring about equality within our tax system, it will also bring about simplicity in our tax code. it will provide tax relief for business-to-business transactions. these transactions including those for used goods that have already been taxed are not subject to the sales tax, so there would be no double taxation. some of my colleagues have asked how the fair tax would affect our revenue on our entitlement programs. social security and medicare benefits would remain untouched under the fair tax act. there would be no financial reductions to either of these vital programs. instead, the source of the trust fund revenue for these two programs would be replaced simply by the sales tax revenue instead of by payroll tax revenue. another question i get is how the fair tax would affect impoverished americans. und
it will repeal the individual income tax, the corporate income tax, capital gains tax, all payroll taxes, the self-employment tax and the estate and gift tax, in lieu of a 23% tax on the final sale of all goods and services. elimination of these inefficient taxing mechanisms will not only bring about equality within our tax system, it will also bring about simplicity in our tax code. it will provide tax relief for business-to-business transactions. these transactions including those for used...
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Jan 21, 2013
01/13
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FBC
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he did allude to rewriting the tax code. something that perhaps democrats and republicans have been talking about doing. two very different approaches on how to do that. there is a sense of togetherness, neil, that tends to go away when you get back into governing. now, that continues to roll into governing the country. it is not easy. neil: it is very clear that this president has the support of the american people, although, his popularity is not as high as many who come into their second term. george bush had a higher approval rating. certainly, dwight eisenhower did. richard nixon did. we are reminded, it is rare that it goes up markedly from there. it usually stays or goes down. what do you hear he will do to keep that capital going? >> back capital, as you say, tends to go, depending on how the country goes. if the economy is improving, the president will take a measure of credit for that. he has shown some willingness, at least, in some areas to compromise. the problem is much of the same themes you are still hearing
he did allude to rewriting the tax code. something that perhaps democrats and republicans have been talking about doing. two very different approaches on how to do that. there is a sense of togetherness, neil, that tends to go away when you get back into governing. now, that continues to roll into governing the country. it is not easy. neil: it is very clear that this president has the support of the american people, although, his popularity is not as high as many who come into their second...
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Jan 17, 2013
01/13
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and your corporate tax. where do you intend to get revenue to run your state? >> well, greta, the way we're going to do it, again, we're proposing elimination of the individual income tax and corporate income tax and the income is going to come by repealing some of the sales tax exemptions that we've granted to businesses over the years and i've had many conversations with them. they're looking for a simpler and fairer tax code and again, people in my state are pretty excited about the idea that we could eliminate the individual income tax. >> greta: i imagine though if you're taking advantage of that sales exemption tax you're not going to be particularly fond of this idea. how are you going to convince those people it's a good idea? >> well, that's the challenge we have, but again, many of these were implemented four or five decades ago. we have a different economic environment then and again, as i talk to business leaders, they said, you know what? if you can make it simpler and fairer we're willing to go
and your corporate tax. where do you intend to get revenue to run your state? >> well, greta, the way we're going to do it, again, we're proposing elimination of the individual income tax and corporate income tax and the income is going to come by repealing some of the sales tax exemptions that we've granted to businesses over the years and i've had many conversations with them. they're looking for a simpler and fairer tax code and again, people in my state are pretty excited about the...
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Jan 22, 2013
01/13
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high taxes drive people away from high-tax state and countrys. >> bob: going to texas? i lived in texas. want to live in texas? >> andrea: what is ironic it hurts the welfare state in the end. it hurts the programs. you need the individual. it's not -- collectivism doesn't work without the small business. >> greg: yeah. >> dana: other thick the left does is they are good at getting you to shut up. they don't want conservatives to talk. freddie that was the pre-emptive apology. >> bob: left doesn't want conservatives to talk? >> dana: right. >> bob: you talk more than anybody i know. dabs i want the word count of the show. >> bob: good idea. four against one. >> andrea: i apologize for what i say in the rest of the show before i say it. >> greg: okay. good to know. >> dana: preapology accepted. >> greg: we should apology in the "a" block. >> dana: where do i apologize -- what do i apologize for? >> greg: where to start. the things you say in break. pickbetures of your dog. coming up, the world's most eligible bachelor -- kidding about the dog. prince harry, royalty stori
high taxes drive people away from high-tax state and countrys. >> bob: going to texas? i lived in texas. want to live in texas? >> andrea: what is ironic it hurts the welfare state in the end. it hurts the programs. you need the individual. it's not -- collectivism doesn't work without the small business. >> greg: yeah. >> dana: other thick the left does is they are good at getting you to shut up. they don't want conservatives to talk. freddie that was the pre-emptive...
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Jan 16, 2013
01/13
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CSPAN2
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let me ask you about tax reform. you told politico last week that a, quote, a balanced approach to replacing the sequester with spending cuts and revenue should accelerate tax reform, and i believe it's fully possible this year if we work on a bipartisan basis, unquote. how does that square, sir, with the people who say that tax reform is going to lose out because of scheduling, the need to deal with the debt ceiling, the need to deal with the looming she quester and the house republicans' concern that if they do anything on tax reform, that they may leave themselves up to the senate not to take action, and, therefore, they've taken an unpopular vote for no reason. why are you optimistic on tax reform? >> first of all, we have to resolve this debt can crisis in terms of -- this debt crisis in terms of sequestration and in terms of the full faith and credit of the u.s. in the next six weeks. we aren't going to accomplish tax reform in the next six weeks. so we have a deadline that i think cannot basically be moved for
let me ask you about tax reform. you told politico last week that a, quote, a balanced approach to replacing the sequester with spending cuts and revenue should accelerate tax reform, and i believe it's fully possible this year if we work on a bipartisan basis, unquote. how does that square, sir, with the people who say that tax reform is going to lose out because of scheduling, the need to deal with the debt ceiling, the need to deal with the looming she quester and the house republicans'...
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Jan 22, 2013
01/13
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you know, i know, when you start raising taxes, the obamacare taxes evaporate kicked in yet. the economy is marge neal improving. who knows. >> neil: charlie gasparino, they talk about him everywhere. what's he like -- you want to know why the president didn't mention the debt once yesterday. because he figured he didn't have to. hey, our salads. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. . i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ >> neil: all right. i'm going to pick somebodyism i'll probably tick everybody off but the blame game has got to stop. got, got, got to stop. president who wants to get republican angry and uses inaugural address to do it and republicans who feign shock, though finger pointing encourages it. just stop. allow me to
you know, i know, when you start raising taxes, the obamacare taxes evaporate kicked in yet. the economy is marge neal improving. who knows. >> neil: charlie gasparino, they talk about him everywhere. what's he like -- you want to know why the president didn't mention the debt once yesterday. because he figured he didn't have to. hey, our salads. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of...
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Jan 18, 2013
01/13
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FOXNEWS
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i pay 15% less in taxes and i'd get to keep my second amendment rights which i don't have any more in new york. >> i tell you, it feels good. jump in, i left in '97 and came down here the greatest thing for my family. so thankful for the people of texas. >> sean: i applaud you both for taking a stand. if the average citizen does it i think they're going to end up being put in jail especially in new york and some other areas, so, applaud what you're doing and standing up for the constitution. thank you, both. >> thank you, sean. >> sean: coming up next, if you dare to disagree with the president's war on the second amendment, you might be a racist? that's the message spread by two congressman. and when we come back, a classic shootout, juan williams and david limbaugh react and some are comparing the n.r.a. to nazi and hitler by name and expose the bias in today's media mash. that's straight ahead. imagine living your life with less chronic low back pain. imagine you with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pil
i pay 15% less in taxes and i'd get to keep my second amendment rights which i don't have any more in new york. >> i tell you, it feels good. jump in, i left in '97 and came down here the greatest thing for my family. so thankful for the people of texas. >> sean: i applaud you both for taking a stand. if the average citizen does it i think they're going to end up being put in jail especially in new york and some other areas, so, applaud what you're doing and standing up for the...
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Jan 16, 2013
01/13
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>> paul, what is weirder, the tax itself or that a conservative owns a smoothy shop? >> is he stirring the drink with a barrel of a gun? first of all, how are there -- are there -- there are no liberals in utah. he made three sales so far? >> some people have been complaining. they come in and leave messages on the website. this is is a disgrace. there are liberals in utah and they are very liberal. >> i am curious how he can differentiate. the conservative one is coming with a top hat made of baby seal. the liberals have a communications degree with their mom's credit card. how do you tell the difference between the two? >> why would they admit it? they have to pay more and their dollar is going to the heritage foundation. >> it is because of this guy who is very hard for conservatives to have smoothy shops in eastern utah. >> the problem is now every conservative will have a hard time getting a cup of coffee. all coffee shops are liberal comme's. >> starbucks will retaliate. >> here is how we can identify people. if you voted for obama keep the bumper sticker on of
>> paul, what is weirder, the tax itself or that a conservative owns a smoothy shop? >> is he stirring the drink with a barrel of a gun? first of all, how are there -- are there -- there are no liberals in utah. he made three sales so far? >> some people have been complaining. they come in and leave messages on the website. this is is a disgrace. there are liberals in utah and they are very liberal. >> i am curious how he can differentiate. the conservative one is coming...
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Jan 23, 2013
01/13
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CNNW
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to either tax them or take them. it's the only reason. >> la pierre went on to criticize the president's inaugural speech saying it's an attack on the nra, second amendment, and gun owners themselves. there was no mention of gun control. >>> republicans shifting strategy on the dealt ceiling. they have the votes to pass a short-term debt ceiling increase today. they will look for deep spending cuts later. it would suspend the debt limit to allow the u.s. to keep borrowing money to pay bills for three months. complicated but politically interesting. in exchange, calling on the senate to pass a budget by spring. >>> so lady fwgaga playing at t inaugural campaign bash for staffers and a special guest with her. tony bennett to sing a duet for "the lady is a tramp" sang they like so much. bennett also performed for several other presidents. >>> tough news for lady gaga. justin bieber passed her on twitter. justin bieber the most followed person on theet earth. approximate 33,300,000. >> i'm sure my daughters follow him. i
to either tax them or take them. it's the only reason. >> la pierre went on to criticize the president's inaugural speech saying it's an attack on the nra, second amendment, and gun owners themselves. there was no mention of gun control. >>> republicans shifting strategy on the dealt ceiling. they have the votes to pass a short-term debt ceiling increase today. they will look for deep spending cuts later. it would suspend the debt limit to allow the u.s. to keep borrowing money...
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Jan 20, 2013
01/13
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republicans will not provide a blank check for more spending and the rational borrowing and constant tax increases. we need to have a washington budget and not a family budget. budget and not a family budget.
republicans will not provide a blank check for more spending and the rational borrowing and constant tax increases. we need to have a washington budget and not a family budget. budget and not a family budget.
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Jan 18, 2013
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. >> tax fraud appears to be a popular past time in u.n. prisons. a new report by treasurer's department says the irs detected more than 173,000 fraudulent tax returns from inmates last year. that's more than twice the number detected in 2010. some inmates steel identity from obituaries some even use their own but fudge the numbers to try to get much bigger tax refunds they deserve. in 2012 two inmates alone tried to claim more than $1 billion. the good news is the irs says it stopped those two and others from illegally claiming 2.5 billi 2.5 billion in last refunds last year. they are stepping up enforcement but says more needs to be done. $35 million slipped through the cracks and so the irs says it's very successful at detecting and stopping in incorrect refunds when prisoner data is available it adds there are significant challenges getting complete and consistent data from the multiple jurisdictions involved. still the agency says if committed to enhancing the process is to further minimize prisoner refund fraud. >> it is now 44 after the top o
. >> tax fraud appears to be a popular past time in u.n. prisons. a new report by treasurer's department says the irs detected more than 173,000 fraudulent tax returns from inmates last year. that's more than twice the number detected in 2010. some inmates steel identity from obituaries some even use their own but fudge the numbers to try to get much bigger tax refunds they deserve. in 2012 two inmates alone tried to claim more than $1 billion. the good news is the irs says it stopped...
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Jan 22, 2013
01/13
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KRON
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the social sphere security tax and the other taxes. he made $60 million last year. >> let's talk about apple. apple may face first profit drop in decades as a the iphone slows down. >> verizon came out this morning is stated that they had a blowout sale with the iphone 5. this is actually bad bills because this is a very expensive phone to manufacture. the ipad, and the ipad mini. some of their sales have when down. this is not a make or break for them. >> wenner. existing home sales fall, but prices climbed for the 10th straight month. the sales were up and this is lovely. the average home is up by 11 1/2%. as the prices go up more people are putting their inventory out there. i believe that home sales will continue to do well. this is as long as the interest rates remain low. >> we have the e-mail from patrick. he states that he would like to know if he should consider buying amazon before earnings are released? >> yes. i think that this is the craziest accompany the juvenile. i think they're invading apple's ecosystem. they have don
the social sphere security tax and the other taxes. he made $60 million last year. >> let's talk about apple. apple may face first profit drop in decades as a the iphone slows down. >> verizon came out this morning is stated that they had a blowout sale with the iphone 5. this is actually bad bills because this is a very expensive phone to manufacture. the ipad, and the ipad mini. some of their sales have when down. this is not a make or break for them. >> wenner. existing...
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Jan 15, 2013
01/13
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provided health insurance for children who did not have it, if they had helped set up an earned income tax credit to people who really needed it, those kinds of messages are ones that would appeal across race, region, and class. >> most people with political ambitions spent years trying to gain name recognition and a seat at the table of national politics. state senator, was not just another political figure. for months to the day after his first appearance with us in 2004 he had delivered what many described as one of the most electrifying keynote speeches in american history at the democratic national convention that year in boston. tavis: it is fascinating to me, coming into the national consciousness as we were talking the other day, we were talking and it was fascinating to sit here in this hall and watch you come into the process of -- consciousness of everyone across the country. >> the nice thing aside from having a wife who has a great sense of humor and does not take this stuff too seriously, to remind you of who you are, what i tried to do in that speech is give voice to what i
provided health insurance for children who did not have it, if they had helped set up an earned income tax credit to people who really needed it, those kinds of messages are ones that would appeal across race, region, and class. >> most people with political ambitions spent years trying to gain name recognition and a seat at the table of national politics. state senator, was not just another political figure. for months to the day after his first appearance with us in 2004 he had...
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Jan 21, 2013
01/13
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there's been $600 billion in tax increases made on the books. that's over $2 trillion in deficit reduction over ten years. doesn't get us all the way there, but it does get us largely about two-thirds of the way there to debt stabilization, at least within a ten-year budget window. >> russ, what do you think? of course, we are approaching this with caution. we know that there's going to be more back and forth. in the middle of it all, we have earnings season. you know, already some people are saying that this anticipation of all of these cliffs, cliff after cliff, has already impacted the earnings period. what are you looking at? what are you seeing from the fourth quarter reporting season so far? it's been a big week obviously this week for financials. >> we're seeing decent performance. i think compliments to corporate america. they've been able to grind out strong earnings growth with a relatively weak recovery. margins remain much higher than people thought. this has helped. we're seeing a recovery in the rest of the world. that's also helpe
there's been $600 billion in tax increases made on the books. that's over $2 trillion in deficit reduction over ten years. doesn't get us all the way there, but it does get us largely about two-thirds of the way there to debt stabilization, at least within a ten-year budget window. >> russ, what do you think? of course, we are approaching this with caution. we know that there's going to be more back and forth. in the middle of it all, we have earnings season. you know, already some people...